XN000022-1988-02-08 — Page 8

FLATTED FACTORIES

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7

MONDAY, FEBRUARY 8, 1988

SUPPLY

11 PER

OF FLATTED FACTORY SPACE FELL IN 1987 BY SOME CENT. HOWEVER, THE FORECAST SUPPLY IN 1988 IS EXPECTED TO EXCEED THAT OF 1987 BY SOME 60 PER CENT.

TAKE-UP OF FLATTED FACTORY SPACE IN 1987 WAS MARGINALLY UP AND FALL IN THIS, SET AGAINST THE MUCH REDUCED SUPPLY, RESULTED IN A VACANCY FROM 3.8 PER CENT TO 1.7 PER CENT AT THE END OF 1987.

GENERAL

MAIN

THE

IN THE FOLLOWING SUMMARY OF SUPPLY, TAKE-UP AND VACANCY IN

IT

BE

THE SECTORS,

QUOTED SHOULD

ARE NOTED THAT

FIGURES

THE 1988 PRELIMINARY ONLY. FULL AND FINAL FIGURES WILL BE SHOWN IN PROPERTY REVIEW, WHICH IS EXPECTED TO BE AVAILABLE IN APRIL.

THE DEFINITIONS OF FLOOR AREAS IN THE 1988 PROPERTY REVIEW WILL BE THE SAME AS THOSE IN THE 1987 EDITION.

PRIVATE DOMESTIC (ALL PREMISES}

(NO. OF UNITS)

SUPPLY

TAKE-UP

VACANCY

**

1985

29,900

29,500

22,100

3.7

1986

34,100

30,300

24,700

3.9

1987

34,400

35, 100

22,300

3.4

1988

[37,7001

'PRIVATE DOMESTIC' EXCLUDES FLATS BUILT UNDER THE HOME OWNERSHIP SCHEME AND THE PRIVATE SECTOR PARTICIPATION SCHEME,

*VACANCY AT THE END OF THE YEAR AS A PERCENTAGE OF TOTAL STOCK.

/PRIVATE DOMESTIC